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NTPC to build 5GW in Gujarat, opens global bids for 1.2 GW

The Indian utility has revealed plans to invest roughly $3 billion in the construction of a 5 GW solar park across two to three locations in Gujarat’s Kutch region. In a separate announcement, the New Delhi-based group opened global bidding to build 1.2 GW of grid-connected solar capacity throughout India.

Distributed generation growing in Latin America

In the early years of the 21st century, distributed generation systems in Latin America were mainly installed off-grid in remote rural areas, writes Maria Chea, solar analyst at IHS Markit. As the El Niño phenomenon and high oil prices continued to exacerbate high electricity prices and power shortages, governments began to turn their attention to distributed generation, including PV systems, to assuage strains on their national grid networks.

MoU for vanadium redox flow battery collaboration in Australia

Australian Vanadium and Metrowest Power Systems have signed a non-binding memorandum of understanding to look at energy storage opportunities in Australia using vanadium redox flow battery technology.

Comtec Solar investors burned by falling stock price

Two subscribers who signed up to a 20% discounted shares subscription in mid June ended up yesterday paying almost the same percentage as a premium on the trading price of the stock.

Risen shines: Manufacturer starts work on 2.5 GW cell and module factory

The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.

Construction begins on 25 MW floating array in Korea

South Korea’s largest PV project is scheduled for commissioning by next year. The project developer – Korean floating PV specialist Scotra – is also planning a 2.5 MW offshore solar project with the support of the government.

Tesla will rent you a solar array for $50/month

Elon Musk is trying just about everything to reimagine the solar business. But will this one work?

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ANZ, CEFC deepen ties to help businesses invest in PV, EVs, storage

Australian banking and financial services giant ANZ has extended its collaboration with Sydney-based Clean Energy Finance Corp. via an additional $67.7 million financing commitment to help the nation’s businesses cut energy costs and reduce carbon emissions. The bank is also offering financial discounts for upgrades and new investments in solar PV, energy storage, electric vehicles and other technologies.

Mali launches tender for solar-plus-storage

The country’s agency for rural electrification is seeking proposals for a 1.3 MW solar project and a 1.5 MW/2 MWh storage system.

Molycop signs major solar-wind PPA in Australia

The Australian arm of global mining manufacturer Molycop has signed a long-term solar-wind offtake deal with electricity retailer Flow Power. Under the new partnership, Molycop will gain access to the ARENA Demand Response program.

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